Showing 1 - 10 of 2,520
The paper analyses the link between human capital and regional economic growth in the European Union. Using various indicators of human capital calculated from census microdata, we conclude that the recent economic performance of European regions is associated with an increase in overeducation....
Persistent link: https://www.econbiz.de/10013155541
IV estimation methods yield smaller coefficients of net migration in growth regressions, while the opposite holds for …
Persistent link: https://www.econbiz.de/10013154994
accelerated. We find that human capital positively affects output per worker and productivity growth. In particular, in terms of … robust to model specifications and estimation methods. The spillover effect appears to be much stronger before 1994. We …
Persistent link: https://www.econbiz.de/10013325091
This paper uses nonparametric techniques to study GDP convergence across German labor market regions and counties during the period 1992-2004. The main result is that regional convergence in unified Germany has been substantial. In the first years after German unification the distribution of GDP...
Persistent link: https://www.econbiz.de/10013159511
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10013147134
We present in this paper the panel econometrics estimation approach of measuring the technical change and total factor … productivity (TFP) growth of 30 Chinese provinces during the period of 1993 to 2003. The random effects model with heteroscedastic … variances has been used for the estimation of the translog production functions. Two alternative formulations of technical …
Persistent link: https://www.econbiz.de/10012780059
This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …
Persistent link: https://www.econbiz.de/10013051449
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … contributions to welfare for a set of European OECD countries (Belgium, France, Great Britain, Italy, Spain), using industry …
Persistent link: https://www.econbiz.de/10013153299
This paper examines whether effects of labor demand shocks on housing prices vary across time and space. Using data on 321 US metropolitan statistical areas, we estimate the medium- and long-run effects of increases in metropolitan statistical area-level employment and total labor income on...
Persistent link: https://www.econbiz.de/10012915342
We study the dispersion in rates of provincial economic- and TFP growth in China. Ourresults show that regional growth patterns can be understood as a function of severalinterrelated factors, which include investment in physical capital, human capital, andinfrastructure capital; the infusion of...
Persistent link: https://www.econbiz.de/10005863121